Michaels Cos. (MIK) Tops Q4 EPS by 1c

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The Michaels Companies (MIK) PT Raised to $33 at Nomura Securities

March 20, 2015 8:15 AM EDT

Nomura Securities analyst Jessica Schoen Mace reiterated a Buy rating and boosted her price target on The Michaels Companies (NASDAQ: MIK) to $33.00 (from $30.00) following 4Q14 adjusted EPS of $0.75, slightly better than the firm's estimate.

"We are encouraged by the companys continued top-line... More